Prices and Rates Head in Same Direction According to Redfin, home sales across the U.S. in April surged 5.4% from 2014. And sales of newly listed homes increased at least 10% for the third straight month, posting a 10.7% gain. However, sales weren’t the only thing to rise. Last month, home prices throughout most of the country rose an average of … [Read more...]
Archives for May 2015
Home Sales Increasing in San Diego as Rates Stay Low
The Housing Market Is Breaking Records In the most recent report from the National Association of Home Builders, existing home sales skyrocketed in April to their highest annual levels since October 2013. This surge has been fuelled by pent up demand, as well as sustained job growth and a long stretch of low mortgage interest rates. The growth in … [Read more...]